Establishment of cross-sectoral networks provides an affordable solution to help manufacturers fast-track processes to keep pace with AI technologies and realize far-reaching efficiencies at scale.
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In IIoT-based smart factory setups, AI-enabled digital assistants are linked into all assets and all data. It is this intelligence that takes the IIoT beyond data collection to predictions and decisions.
The auto industry’s recovery from a global semiconductor shortage may be long and require revamping supply chains, according to a report by the Deloitte consulting firm.
Machine tool orders soared in April from a year earlier, AMT – The Association for Manufacturing Technology said today.
The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.
3D Systems said it agreed to sell its On Demand Manufacturing Business.
Manufacturing ramped up in May, improving from strong results the month before, the Institute for Supply Management said today.
Manufacturing employment rose in May, receiving a major boost from motor vehicles and parts where people returned to work after temporary layoffs.
Google Cloud today announced an expanded relationship with Johnson Controls that will involve the leading building technology and solutions company running SAP’s Enterprise Resource Pning Central Component (ECC) environment on Google Cloud.
Automakers during this decade face a big challenge. They are having to invest in electric vehicles. But EVs, at least for now, won’t generate the profits of conventional vehicles, according to an annual report by consulting firm AlixPartners.